Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
Weak Downtrend (-65) - CHFHUF is showing signs of a strengthening downtrend. Monitor CHFHUF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CHFHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFHUF
The long-term trend has been UP since May 15th, 2019 at 288.19000
The intermediate-term trend has been DOWN since May 5th, 2020 at 331.96761
The short-term trend has been DOWN since May 27th, 2020 at 327.70186
Smart Scan Analysis for CHFHUF
Based on our trend formula, CHFHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).